Tulips!

January Reporting Roundup: NWMLS Tulips Edition

It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: Spring market […]

NWMLS: No Hope for a Buyers’ Market in January

NWMLS: No Hope for a Buyers’ Market in January

January market stats were published by the NWMLS yesterday. Before we get into our monthly stats, let’s have a look at their press release. Spring market “not waiting for tulips” but limited inventory frustrates homebuyers Home sales this super bowl season outpaced a year ago as sidelined buyers emerged to compete for limited inventory, according […]

Cheapest Homes: February 2015 Edition

Cheapest Homes: February 2015 Edition

Let’s check in again on the cheapest homes around Seattle proper. Here’s our methodology: I search the listings for the cheapest homes currently on the market, excluding short sales, in the city of Seattle proper. Any properties that are in obvious states of extreme disrepair based on listing photos and descriptions will be excluded. This […]

January Stats Preview: Vanishing Inventory Edition

January Stats Preview: Vanishing Inventory Edition

Now that we’re already a full month into 2015, let’s have a look at our monthly stats preview. First up, here’s the snapshot of all the data as far back as my historical information goes, with the latest, high, and low values highlighted for each series: Listings inventory hit another new all-time low in King […]

Home Prices Fell in All Three Case-Shiller Tiers in November

Home Prices Fell in All Three Case-Shiller Tiers in November

Let’s check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details […]

Case-Shiller: Home Prices Dipped in November

Case-Shiller: Home Prices Dipped in November

Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to November data, Seattle-area home prices were: Down 0.4% October to November Up 6.0% YOY. Down 11.7% from the July 2007 peak Last year at this time prices fell 0.1% month-over-month and year-over-year prices were up 12.4%. Year-over-year price gains […]

Side Note: An Engineer Once Again

Side Note: An Engineer Once Again

After a 3-year stint at Redfin, followed by a year and a half at Porch, your host Tim Ellis (“The Tim”) is back in electrical engineering. I’ve left the real estate / home improvement Internet startup world to join Dan Shapiro at Glowforge. I’m really excited about what we’re doing, but unfortunately I can’t get […]